As Japan Struggles with Disaster, Fastener Supply Chain to Feel Ripple
FEATURE
U.S. fastener companies with facilities in Japan expect a long recovery from the series of disasters rocking the island nation.
Rockford, IL-based Rocknel Fastener has a plant about 100 miles north of the disaster area in Japan. While its facility was not damaged, the automotive fastener manufacturer’s largest customer is Honda, and Rocknel president David Sato told WIFR TV that it will be a long time before most of the carmaker’s plants resume full production.
In 2010 Japan’s total fastener export amounted to 325,604 tons worth an estimated 257.19 billion yen. The top three export countries are China, the U.S., and Thailand.
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